Business Acumen Basics
Today’s organizations need leaders, managers, and employees who can directly contribute to the achievement of their goals and objectives by making the right business decisions. Essentially, every employee needs the skills and tools to think more like a business owner and to understand, set, and execute business strategy while being able to measure the effectiveness of their business strategy through financial performance.
What’s alarming is that 95% of employees don’t understand their company’s strategy. While most people understand their job, study after study demonstrates that the majority of employees don’t understand the business of their business. This course will provide participants with the tools to increase their own ability to contribute to the longterm profitability and growth of their company.
What Participants Will Learn
- See the “big picture” of an organization and how the key drivers of business relate to each other to produce profitable growth, and relate to the job you do each day
- Develop a working knowledge of financial statements and strategy
- Align individual and team decisions with executive initiatives
- Improve engagement by helping employees recognize the importance of their role
- Understand how your actions and decisions affect key company measures and the objectives of your company’s leadership